Insights

The Swiss National Bank has said it would set a minimum exchange rate of 1.20 Swiss francs per euro and committed to sell unlimited amounts of Swiss francs to control how much the franc can gain. This measure is a last-resort response to contain the recent strong appreciation of the Swiss franc due to a huge influx of safe-haven-seeking capital into the currency ...

The much-anticipated recent speech by Federal Reserve Chairman Ben Bernanke was notable not so much for monetary policy insight – but because he emphasized that it is now Congress and the President's turn to step up. But the Fed still has options available to support the economy ...

In China, it's happening very fast. The old generation of mobile devices — smart phones like Nokia and Ericsson —are replaced by iPhones and Android. This is a big opportunity for the developers because these phones are so much more powerful in the way they interact with users.

The accelerating rate of change in the deterioration of the global financial situation of the last three years was not anticipated by even the most seasoned forecasters. The scope and severity of the current financial dislocation has not been seen since the 1930’s.

For more than a year, the euro zone's debt drama has been flaring up, fanned by financial challenges in Greece, Ireland and Portugal. With escalating market concerns about the potential fallout from defaults in Greece ...